Ford and Volkswagen have agreed to issue joint auto

American brand Ford and Volkswagen Group entered into a crucial phase of negotiations on the extension of the Alliance – the partnership can extend to cars.

According to Automotive News Europe, increased cooperation will allow the American brand to improve its position in the European market and in South America, where Ford stopped using a severe demand. Thanks to a partnership with Volkswagen, Americans will be able to save on the developments and technologies in the segment of city cars. At the same time Ford is negotiating with Mahindra & Mahindra.

In partnership with the Indian company the American brand is already developing a model for emerging markets, including crossovers and electric cars. According to Bob Shanks, CFO of Ford, the company does not intend to restrict the area of cooperation with both its partners and is exploring various segments and technologies.

Ford CEO Jim Hackett has confirmed the impending global reorganization of the company. A significant role in this process is given to expansion of strategic alliances.